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tech-based NBFCs: Tech-based NBFCs try a balancing act after RBI action on unsecured loans

NBFCs like DMI Finance, Vivriti Capital and InCred Capital expanded unsecured retail and small business lending, leveraging strong fintech partnerships over to grow their business coming out of Covid. Some of these companies took the acquisition route to scale up this business quickly.

Moneylife Exclusive: Serial Fraudster Dinesh Dalmia Strikes Again: Dupes Lenders of Nearly Rs200 Crore

Dinesh Dalmia, the notorious founder of the DSQ Software group, is back to his old tricks. After spending significant time in jail for fraud, stock manipulation and other legal transgressions in India and the US, he is once again embroiled in allegations of fraud.

DSQ Software Group founder Dinesh Dalmia accused of duping 9 banks of ₹200 cr

DSQ Software Group Founder Dinesh Dalmia Accused Of Duping 9 Banks Of ₹200 Crore: Report

Chennai-based Vivriti Capital raises $55 million from Lightrock, Creation Investments

Chennai-based Vivriti Capital raises $55 million from Lightrock, Creation Investments : Rashtra News #Chennaibased #Vivriti #Capital #raises #million #Lightrock #Creation #Investments Chennai-headquartered Vivriti Capital, a non-deposit taking NBFC, has raised $55 million (about Rs 400 crore) in its Series C funding from PE platform Lightrock India and impact investment management firm Creation Investments. With this